The Graveyard › Banks › 1991
Coral S & La
Coral Springs, FL · failed January 25, 1991 · FDIC certificate 32523
Coral S & La of Coral Springs, FL failed on January 25, 1991. It opened on March 2, 1987, 3 years before. At its last report before that it held $32.2 million in assets and $31.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $53.7 million. The FDIC estimates that the Resolution Trust Corporation lost $4.3 million on it.
1987-061990-12
Assets at the end$32.2 millionlast report before January 25, 1991
Deposits at the end$31.7 million
Estimated loss to the fund$4.3 millionRTC
Largest in the quarterly reports$53.7 millionJune 30, 1989
Equity to assets0.3%December 31, 1990
Loans not being repaid1.7%noncurrent, December 31, 1990
Return on assets-2.25%a year's rate, December 31, 1990
Staff14full time, December 31, 1990
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.